Connecticut Business Attorney Discusses Facts that New Businesses Should Know

Are you a new business or thinking of starting a new business in Connecticut? There are a few things you should know about business formations in Connecticut. First, most people start with forming an LLC and there are several advantages to forming an LLC when you start your own business as opposed to a corporation.
With a corporation, you must file a Certificate of Incorporation with the secretary of state, where there is a meeting with your shareholder to adopt the bylaws. You must also elect a board of directors to hire the remaining hire ups of the corporation.
With an LLC, the form to compete is extremely flexible. An LLC is utilized to operate your business as a partnership with a member-managed LLC, or run closer to the looks of a corporation with a manager-managed LLC.
Are you looking to start a company in Connecticut? Contact dedicated Connecticut Business Attorney Eric Foster to be your guide.

This informational video was brought to you by Attorney Eric L. Foster, an experienced Connecticut Business Attorney.